KB Kookmin Bank, principal and interest repayments three times annual income within the limit

[Korea Selected financial newspaper reporters] were to introduce a limited total debt repayment ratio (DSR) are KB Kookmin Bank loan assessment indicators determined.

According to the 12th banking, KB Kookmin Bank plans to restrict future later than three times the annual income of the principal of all loans to customers who have a loan (principal, interest total) give you a new loan.

For example, salaries can not get another loan if the workers will receive 50 million won to 400 million won mortgage (20 years equal principal amortization, annual 4.0%), credit 120 million won (annual 5.0%). State mortgage principal and credit interest, and usually face a one-year pay the principal amount of credit a total annual principal repayments (155 million won) because it exceeds three times the annual salary.

DSR is a numerical value obtained by dividing the borrowers mortgage loans, the annual principal and interest payments in total loans, including credit received from all financial companies with an annual income. The current debt-to-income ratio in the ability to repay debt (DTI) to credit card payments, car payments, minus passbook loan did not come in the regulatory scope of the evaluation.

Household financial authorities have accumulated while in the bar one ever utilize the DSR this year banks to voluntarily refer indicators. KB Kookmin Bank official explained that "to be able to apply different tolerances depending on the collateral value, credit ratings.

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